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August 30, 2016
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LOS ANGELES COUNTY NEWS
Archive
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• Quantum Capital Partners Arranges $11 Mil for Conversion Property in Downtown LA
1/16/14
Quantum Capital Partners has secured an $11.25 mil bridge, rehab loan for Duns Capital LLC, an affiliate of South Park Group. The money will be used to begin repositioning a vacant office building into a residential mixed-use...
Price: $4.99
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• Venture West Funding Arranges $19 Mil to Refi Six LA-Area Apartment Buildings
1/15/14
El Segundo-based Venture West Funding Inc has arranged loans totaling $19.2 mil for the refinancing of six apartment buildings located in Inglewood and Los Angeles. The loans were funded through Luther Burbank Savings and Cha...
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• Lincoln Property Company and Centennial Real Estate Acquire Third Street Promenade Building in Santa Monica
1/15/14
A 27k sf building situated along Santa Monicaís desirable Third Street Promenade was purchased by a venture of Lincoln Property Company and Centennial Real Estate for $20.5 mil. The new owners plan to begin a series of renova...
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• Mesa West Capital Provides $220 Mil Refi of Burbank Office Building
1/14/14
Mesa West Capital has provided a joint venture between affiliates of Stockbridge Capital Group, Worthe Real Estate Group and M. David Paul & Associates $220 mil in refi money for The Pointe, a 14-story, 480.4k sf, LEED Gold-c...
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• Tecolate Research Leases 23k sf of El Segundo Office Space
1/14/14
Tecolote Research Inc has leased 22.6k sf of office space in El Segundo in a relocation move of its Manhattan Beach regional office. The firmís new space is at 2120 E. Grand, within Campus 2100, a three-building, 200k sf offi...
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• Gramercy Property Trust Spends $14.8 Mil on Pair of Vernon Industrial Properties
1/13/14
Gramercy Property Trust purchased two institutional quality industrial buildings totaling 129.7k sf in Vernon for $14.75 mil ($114/sf) in a sale-leaseback deal. The properties, located on 5.69 acres at 5764 Alcoa and 3311 Sl...
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• Oak Coast Properties Plans to Develop 53-Unit Res Project in West Hollywood
1/10/14
LA-based Oak Coast Properties plans to develop a new apartment community in West Hollywood. Located at 1250 N. Fairfax Ave, the development will include 53 rental units aimed at residents seeking upscale rental housing with a...
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•  Quantum Capital Arranges $10 Mil for Downtown LA Building
1/09/14
Quantum Capital Partners has arranged a $10 mil refi loan on a commercial building located in Downtown Los Angelesí Jewelry District. It was arranged by Quantum Capitalís Managing Director Jonathan Hakakha. The 25% recourse...
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• USC Inks Extension Lease in Alhambra for Reduced 57k sf Space
1/09/14
The University of Southern California inked a consolidation/extension lease for 57k sf of space at 1000 South Fremont Ave in Alhambra. The seven-year deal has a total value of about $8 mil ($1.67/sf/mo). USC has downsized it...
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• Private Investor Buys Mercedes of Hollywood Apartment Buildings
1/08/14
Mercedes Villas, a 13-unit apartment building in central Hollywood was purchased an all-cash buyer for $2.28 mil, or $175.4k/unit). The fully occupied, non-rent controlled multifamily property is located at 1023 N. Wilton Pla...
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• Apartment Property in LAís Mid-Wilshire Area Sells for Over $5 Mil
1/07/14
In a recent Los Angeles multifamily investment buy, a private investor purchased The Mariposa, a 24-unit residential asset in Los Angeles, for $5.2 mil, or $217k/unit. The property is located at 701 South Mariposa Ave, a bloc...
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• Camden Property Trust and Sam Nazarian Team Up to Develop Unique Hollywood Res Project
1/06/14
Houston-based Camden Property Trust is developing a $140 mil mixed-use project in Hollywood, called the Camden, which will be designed by Sam Nazarian of SBE Entertainment. The project, located at the intersection of Vine St ...
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• Formosa Studios Inks Lease at Pacific Design Center
1/03/14
In a recent comp from LAís Westside, Formosa Studios inked a lease for 4.3k sf of office space at Pacific Design Centerís (PDC) Green Building. Formosa Studios is a full-service post-production and sound company serving indep...
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• Draftsmen & Craftsmen
1/03/14
C.W. Driver has recently completed construction on a 127k sf Bloomingdaleís department store, using iPad applications and technologies that allow a paperless job site to create a crisp and efficient construction time table fo...
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• GoJane Goes to Downtown Los Angeles
12/31/13
Online retailer GoJane recently inked a seven-year lease for 10.4k sf of corporate HQ office space at Alameda Square in downtown Los Angeles. The property is located at 777 Alameda, north of Olympic Blvd and I-10. Owned by ...
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• Beverly Hills Redevelopment Site Listed for Sale
12/30/13
A 63.7k sf redevelopment site in the heart of Beverly Hillsí Golden Triangle area has been offered for sale. The land, located at the southeast corner of Wilshire Blvd and Linden Dr, is immediately adjacent to the cityís worl...
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• Flight Line Products Leases Valencia Facility
12/24/13
Flight Line Products agreed to a long-term lease of a 58k sf industrial building in Valencia. The property, located at 28939 N. Ave Williams, is owned by 12800 Wentworth LLC. David Young, SIOR and Chad Gahr, SIOR both Senio...
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• Local Investor Buys Retail Portion of Prominent Mixed-Use Tower Project in LAís Mid-Wilshire Area
12/23/13
The retail condominium portion of Solair, a 186-unit, mixed-use luxury high-rise condo development at 3875 Wilshire Blvd in LAís Koreatown area, was purchased by one of the Los Angelesí largest private owners of commercial re...
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• Johnson Capital Arranges $7.8 Mil for Renovation of Pasadena Mixed-use Property
12/23/13
Geoffrey Arrobio, Senior Vice President at Johnson Capitalís Downtown Los Angeles Office, has arranged $7.75 mil in financing for the acquisition and renovation of a landmark 60.8k sf mixed-use property in Pasadena. The p...
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• 107-Unit Apartment Portfolio in LAís Koreatown Sells for $8.8 Mil
12/23/13
Private investors purchased a three-building, 107‐unit multifamily portfolio located in the Koreatown submarket of Los Angeles for $8.8 mil ($82k/unit). The properties, sold by Vista Investment Group LLC, traded in a si...
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Return to the Southern California - Los Angeles County area
Lone Oak Fund Dec 2014

 


 


 
The Foto Finisher

 
 





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